Heart Pumps Market
Heart Pumps - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Heart Pumps Market is accounted for $1.74 billion in 2019 and is expected to reach $4.30 billion by 2027 growing at a CAGR of 12.0% during the forecast period. Growing number of obese patients and technological advancements are the major factors driving the market growth. However, an alternative treatment option is restraining the market growth.
Heart pumps are mechanical devices that help the weakened heart to pump blood for circulation to other body organs. These devices relieve symptoms of heart failure such as fatigue or shortness of breath. They also allow the heart to rest for recovering its normal function. Cardiovascular diseases can sometimes lead to severe heart failure. In such cases, it becomes mandatory for people to undergo heart transplantation.
Based on product, the Ventricular Assist Devices (VADs) segment is likely to have a huge demand as its utilization is rising due to better adequacy and higher survival rates of individuals with advanced heart failure than other cardiac support devices. By geography, North America is going to have a lucrative growth during the forecast period due to highly organized health care industry; awareness about different chronic diseases among individuals is leading to adoption of different ventricular assist devices and presence of key market players in the region.
Some of the key players profiled in the Heart Pumps Market include Abbott Laboratories, Abiomed, Berlin Heart, Calon Cardio, Cardiacassist, Fresenius Medical Care, Getinge, Jarvik Heart, LLC, Medtronic, Reliantheart, Syncardia Systems, Teleflex and Terumo.
Flow Rates Covered:
• Pulsatile
• Continuous Flow
Locations Covered:
• Extracorporeal Heart Pump Devices
• Implantable Heart Pump Devices
Flow Regimes Covered:
• Axial Flow Pump (AFP)
• Centrifugal Flow Pump (CFP)
• Mixed Flow Pump (MFP)
Therapies Covered:
• Bridge-To-Candidacy (BTC)
• Bridge-To-Transplant (BTT)
• Destination Therapy (DT)
Products Covered:
• Intra Aortic Balloon Pumps
• Total Artificial Heart
• Ventricular Assist Devices
End Users Covered:
• Ambulatory Surgical Centers
• Hospitals
• Speciality Clinics
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Heart Pumps Market, By Flow Rate
5.1 Introduction
5.2 Pulsatile
5.3 Continuous Flow
6 Global Heart Pumps Market, By Location
6.1 Introduction
6.2 Extracorporeal Heart Pump Devices
6.3 Implantable Heart Pump Devices
7 Global Heart Pumps Market, By Flow Regime
7.1 Introduction
7.2 Axial Flow Pump (AFP)
7.3 Centrifugal Flow Pump (CFP)
7.4 Mixed Flow Pump (MFP)
8 Global Heart Pumps Market, By Therapy
8.1 Introduction
8.2 Bridge-To-Candidacy (BTC)
8.3 Bridge-To-Transplant (BTT)
8.4 Destination Therapy (DT)
9 Global Heart Pumps Market, By Product
9.1 Introduction
9.2 Intra Aortic Balloon Pumps
9.3 Total Artificial Heart
9.4 Ventricular Assist Devices
9.4.1 Biventricular Assist Devices(BVAD)
9.4.2 Left Ventricular Assist Devices(LVAD)
9.4.3 Right Ventricular Assist Devices(RVAD)
10 Global Heart Pumps Market, By End User
10.1 Introduction
10.2 Ambulatory Surgical Centers
10.3 Hospitals
10.4 Speciality Clinics
11 Global Heart Pumps Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Abbott Laboratories
13.2 Abiomed
13.3 Berlin Heart
13.4 Calon Cardio
13.5 Cardiacassist
13.6 Fresenius Medical Care
13.7 Getinge
13.8 Jarvik Heart
13.9 LLC
13.10 Medtronic
13.11 Reliantheart
13.12 Syncardia Systems
13.13 Teleflex
13.14 Terumo
List of Tables
1 Global Heart Pumps Market Outlook, By Region (2018-2027) ($MN)
2 Global Heart Pumps Market Outlook, By Flow Rate (2018-2027) ($MN)
3 Global Heart Pumps Market Outlook, By Pulsatile (2018-2027) ($MN)
4 Global Heart Pumps Market Outlook, By Continuous Flow (2018-2027) ($MN)
5 Global Heart Pumps Market Outlook, By Location (2018-2027) ($MN)
6 Global Heart Pumps Market Outlook, By Extracorporeal Heart Pump Devices (2018-2027) ($MN)
7 Global Heart Pumps Market Outlook, By Implantable Heart Pump Devices (2018-2027) ($MN)
8 Global Heart Pumps Market Outlook, By Flow Regime (2018-2027) ($MN)
9 Global Heart Pumps Market Outlook, By Axial Flow Pump (AFP) (2018-2027) ($MN)
10 Global Heart Pumps Market Outlook, By Centrifugal Flow Pump (CFP) (2018-2027) ($MN)
11 Global Heart Pumps Market Outlook, By Mixed Flow Pump (MFP) (2018-2027) ($MN)
12 Global Heart Pumps Market Outlook, By Therapy (2018-2027) ($MN)
13 Global Heart Pumps Market Outlook, By Bridge-To-Candidacy (BTC) (2018-2027) ($MN)
14 Global Heart Pumps Market Outlook, By Bridge-To-Transplant (BTT) (2018-2027) ($MN)
15 Global Heart Pumps Market Outlook, By Destination Therapy (DT) (2018-2027) ($MN)
16 Global Heart Pumps Market Outlook, By Product (2018-2027) ($MN)
17 Global Heart Pumps Market Outlook, By Intra Aortic Balloon Pumps (2018-2027) ($MN)
18 Global Heart Pumps Market Outlook, By Total Artificial Heart (2018-2027) ($MN)
19 Global Heart Pumps Market Outlook, By Ventricular Assist Devices (2018-2027) ($MN)
20 Global Heart Pumps Market Outlook, By Biventricular Assist Devices(BVAD) (2018-2027) ($MN)
21 Global Heart Pumps Market Outlook, By Left Ventricular Assist Devices(LVAD) (2018-2027) ($MN)
22 Global Heart Pumps Market Outlook, By Right Ventricular Assist Devices(RVAD) (2018-2027) ($MN)
23 Global Heart Pumps Market Outlook, By End User (2018-2027) ($MN)
24 Global Heart Pumps Market Outlook, By Ambulatory Surgical Centers (2018-2027) ($MN)
25 Global Heart Pumps Market Outlook, By Hospitals (2018-2027) ($MN)
26 Global Heart Pumps Market Outlook, By Speciality Clinics (2018-2027) ($MN)
27 North America Heart Pumps Market Outlook, By Country (2018-2027) ($MN)
28 North America Heart Pumps Market Outlook, By Flow Rate (2018-2027) ($MN)
29 North America Heart Pumps Market Outlook, By Pulsatile (2018-2027) ($MN)
30 North America Heart Pumps Market Outlook, By Continuous Flow (2018-2027) ($MN)
31 North America Heart Pumps Market Outlook, By Location (2018-2027) ($MN)
32 North America Heart Pumps Market Outlook, By Extracorporeal Heart Pump Devices (2018-2027) ($MN)
33 North America Heart Pumps Market Outlook, By Implantable Heart Pump Devices (2018-2027) ($MN)
34 North America Heart Pumps Market Outlook, By Flow Regime (2018-2027) ($MN)
35 North America Heart Pumps Market Outlook, By Axial Flow Pump (AFP) (2018-2027) ($MN)
36 North America Heart Pumps Market Outlook, By Centrifugal Flow Pump (CFP) (2018-2027) ($MN)
37 North America Heart Pumps Market Outlook, By Mixed Flow Pump (MFP) (2018-2027) ($MN)
38 North America Heart Pumps Market Outlook, By Therapy (2018-2027) ($MN)
39 North America Heart Pumps Market Outlook, By Bridge-To-Candidacy (BTC) (2018-2027) ($MN)
40 North America Heart Pumps Market Outlook, By Bridge-To-Transplant (BTT) (2018-2027) ($MN)
41 North America Heart Pumps Market Outlook, By Destination Therapy (DT) (2018-2027) ($MN)
42 North America Heart Pumps Market Outlook, By Product (2018-2027) ($MN)
43 North America Heart Pumps Market Outlook, By Intra Aortic Balloon Pumps (2018-2027) ($MN)
44 North America Heart Pumps Market Outlook, By Total Artificial Heart (2018-2027) ($MN)
45 North America Heart Pumps Market Outlook, By Ventricular Assist Devices (2018-2027) ($MN)
46 North America Heart Pumps Market Outlook, By Biventricular Assist Devices(BVAD) (2018-2027) ($MN)
47 North America Heart Pumps Market Outlook, By Left Ventricular Assist Devices(LVAD) (2018-2027) ($MN)
48 North America Heart Pumps Market Outlook, By Right Ventricular Assist Devices(RVAD) (2018-2027) ($MN)
49 North America Heart Pumps Market Outlook, By End User (2018-2027) ($MN)
50 North America Heart Pumps Market Outlook, By Ambulatory Surgical Centers (2018-2027) ($MN)
51 North America Heart Pumps Market Outlook, By Hospitals (2018-2027) ($MN)
52 North America Heart Pumps Market Outlook, By Speciality Clinics (2018-2027) ($MN)
53 Europe Heart Pumps Market Outlook, By Country (2018-2027) ($MN)
54 Europe Heart Pumps Market Outlook, By Flow Rate (2018-2027) ($MN)
55 Europe Heart Pumps Market Outlook, By Pulsatile (2018-2027) ($MN)
56 Europe Heart Pumps Market Outlook, By Continuous Flow (2018-2027) ($MN)
57 Europe Heart Pumps Market Outlook, By Location (2018-2027) ($MN)
58 Europe Heart Pumps Market Outlook, By Extracorporeal Heart Pump Devices (2018-2027) ($MN)
59 Europe Heart Pumps Market Outlook, By Implantable Heart Pump Devices (2018-2027) ($MN)
60 Europe Heart Pumps Market Outlook, By Flow Regime (2018-2027) ($MN)
61 Europe Heart Pumps Market Outlook, By Axial Flow Pump (AFP) (2018-2027) ($MN)
62 Europe Heart Pumps Market Outlook, By Centrifugal Flow Pump (CFP) (2018-2027) ($MN)
63 Europe Heart Pumps Market Outlook, By Mixed Flow Pump (MFP) (2018-2027) ($MN)
64 Europe Heart Pumps Market Outlook, By Therapy (2018-2027) ($MN)
65 Europe Heart Pumps Market Outlook, By Bridge-To-Candidacy (BTC) (2018-2027) ($MN)
66 Europe Heart Pumps Market Outlook, By Bridge-To-Transplant (BTT) (2018-2027) ($MN)
67 Europe Heart Pumps Market Outlook, By Destination Therapy (DT) (2018-2027) ($MN)
68 Europe Heart Pumps Market Outlook, By Product (2018-2027) ($MN)
69 Europe Heart Pumps Market Outlook, By Intra Aortic Balloon Pumps (2018-2027) ($MN)
70 Europe Heart Pumps Market Outlook, By Total Artificial Heart (2018-2027) ($MN)
71 Europe Heart Pumps Market Outlook, By Ventricular Assist Devices (2018-2027) ($MN)
72 Europe Heart Pumps Market Outlook, By Biventricular Assist Devices(BVAD) (2018-2027) ($MN)
73 Europe Heart Pumps Market Outlook, By Left Ventricular Assist Devices(LVAD) (2018-2027) ($MN)
74 Europe Heart Pumps Market Outlook, By Right Ventricular Assist Devices(RVAD) (2018-2027) ($MN)
75 Europe Heart Pumps Market Outlook, By End User (2018-2027) ($MN)
76 Europe Heart Pumps Market Outlook, By Ambulatory Surgical Centers (2018-2027) ($MN)
77 Europe Heart Pumps Market Outlook, By Hospitals (2018-2027) ($MN)
78 Europe Heart Pumps Market Outlook, By Speciality Clinics (2018-2027) ($MN)
79 Asia Pacific Heart Pumps Market Outlook, By Country (2018-2027) ($MN)
80 Asia Pacific Heart Pumps Market Outlook, By Flow Rate (2018-2027) ($MN)
81 Asia Pacific Heart Pumps Market Outlook, By Pulsatile (2018-2027) ($MN)
82 Asia Pacific Heart Pumps Market Outlook, By Continuous Flow (2018-2027) ($MN)
83 Asia Pacific Heart Pumps Market Outlook, By Location (2018-2027) ($MN)
84 Asia Pacific Heart Pumps Market Outlook, By Extracorporeal Heart Pump Devices (2018-2027) ($MN)
85 Asia Pacific Heart Pumps Market Outlook, By Implantable Heart Pump Devices (2018-2027) ($MN)
86 Asia Pacific Heart Pumps Market Outlook, By Flow Regime (2018-2027) ($MN)
87 Asia Pacific Heart Pumps Market Outlook, By Axial Flow Pump (AFP) (2018-2027) ($MN)
88 Asia Pacific Heart Pumps Market Outlook, By Centrifugal Flow Pump (CFP) (2018-2027) ($MN)
89 Asia Pacific Heart Pumps Market Outlook, By Mixed Flow Pump (MFP) (2018-2027) ($MN)
90 Asia Pacific Heart Pumps Market Outlook, By Therapy (2018-2027) ($MN)
91 Asia Pacific Heart Pumps Market Outlook, By Bridge-To-Candidacy (BTC) (2018-2027) ($MN)
92 Asia Pacific Heart Pumps Market Outlook, By Bridge-To-Transplant (BTT) (2018-2027) ($MN)
93 Asia Pacific Heart Pumps Market Outlook, By Destination Therapy (DT) (2018-2027) ($MN)
94 Asia Pacific Heart Pumps Market Outlook, By Product (2018-2027) ($MN)
95 Asia Pacific Heart Pumps Market Outlook, By Intra Aortic Balloon Pumps (2018-2027) ($MN)
96 Asia Pacific Heart Pumps Market Outlook, By Total Artificial Heart (2018-2027) ($MN)
97 Asia Pacific Heart Pumps Market Outlook, By Ventricular Assist Devices (2018-2027) ($MN)
98 Asia Pacific Heart Pumps Market Outlook, By Biventricular Assist Devices(BVAD) (2018-2027) ($MN)
99 Asia Pacific Heart Pumps Market Outlook, By Left Ventricular Assist Devices(LVAD) (2018-2027) ($MN)
100 Asia Pacific Heart Pumps Market Outlook, By Right Ventricular Assist Devices(RVAD) (2018-2027) ($MN)
101 Asia Pacific Heart Pumps Market Outlook, By End User (2018-2027) ($MN)
102 Asia Pacific Heart Pumps Market Outlook, By Ambulatory Surgical Centers (2018-2027) ($MN)
103 Asia Pacific Heart Pumps Market Outlook, By Hospitals (2018-2027) ($MN)
104 Asia Pacific Heart Pumps Market Outlook, By Speciality Clinics (2018-2027) ($MN)
105 South America Heart Pumps Market Outlook, By Country (2018-2027) ($MN)
106 South America Heart Pumps Market Outlook, By Flow Rate (2018-2027) ($MN)
107 South America Heart Pumps Market Outlook, By Pulsatile (2018-2027) ($MN)
108 South America Heart Pumps Market Outlook, By Continuous Flow (2018-2027) ($MN)
109 South America Heart Pumps Market Outlook, By Location (2018-2027) ($MN)
110 South America Heart Pumps Market Outlook, By Extracorporeal Heart Pump Devices (2018-2027) ($MN)
111 South America Heart Pumps Market Outlook, By Implantable Heart Pump Devices (2018-2027) ($MN)
112 South America Heart Pumps Market Outlook, By Flow Regime (2018-2027) ($MN)
113 South America Heart Pumps Market Outlook, By Axial Flow Pump (AFP) (2018-2027) ($MN)
114 South America Heart Pumps Market Outlook, By Centrifugal Flow Pump (CFP) (2018-2027) ($MN)
115 South America Heart Pumps Market Outlook, By Mixed Flow Pump (MFP) (2018-2027) ($MN)
116 South America Heart Pumps Market Outlook, By Therapy (2018-2027) ($MN)
117 South America Heart Pumps Market Outlook, By Bridge-To-Candidacy (BTC) (2018-2027) ($MN)
118 South America Heart Pumps Market Outlook, By Bridge-To-Transplant (BTT) (2018-2027) ($MN)
119 South America Heart Pumps Market Outlook, By Destination Therapy (DT) (2018-2027) ($MN)
120 South America Heart Pumps Market Outlook, By Product (2018-2027) ($MN)
121 South America Heart Pumps Market Outlook, By Intra Aortic Balloon Pumps (2018-2027) ($MN)
122 South America Heart Pumps Market Outlook, By Total Artificial Heart (2018-2027) ($MN)
123 South America Heart Pumps Market Outlook, By Ventricular Assist Devices (2018-2027) ($MN)
124 South America Heart Pumps Market Outlook, By Biventricular Assist Devices(BVAD) (2018-2027) ($MN)
125 South America Heart Pumps Market Outlook, By Left Ventricular Assist Devices(LVAD) (2018-2027) ($MN)
126 South America Heart Pumps Market Outlook, By Right Ventricular Assist Devices(RVAD) (2018-2027) ($MN)
127 South America Heart Pumps Market Outlook, By End User (2018-2027) ($MN)
128 South America Heart Pumps Market Outlook, By Ambulatory Surgical Centers (2018-2027) ($MN)
129 South America Heart Pumps Market Outlook, By Hospitals (2018-2027) ($MN)
130 South America Heart Pumps Market Outlook, By Speciality Clinics (2018-2027) ($MN)
131 Middle East & Africa Heart Pumps Market Outlook, By Country (2018-2027) ($MN)
132 Middle East & Africa Heart Pumps Market Outlook, By Flow Rate (2018-2027) ($MN)
133 Middle East & Africa Heart Pumps Market Outlook, By Pulsatile (2018-2027) ($MN)
134 Middle East & Africa Heart Pumps Market Outlook, By Continuous Flow (2018-2027) ($MN)
135 Middle East & Africa Heart Pumps Market Outlook, By Location (2018-2027) ($MN)
136 Middle East & Africa Heart Pumps Market Outlook, By Extracorporeal Heart Pump Devices (2018-2027) ($MN)
137 Middle East & Africa Heart Pumps Market Outlook, By Implantable Heart Pump Devices (2018-2027) ($MN)
138 Middle East & Africa Heart Pumps Market Outlook, By Flow Regime (2018-2027) ($MN)
139 Middle East & Africa Heart Pumps Market Outlook, By Axial Flow Pump (AFP) (2018-2027) ($MN)
140 Middle East & Africa Heart Pumps Market Outlook, By Centrifugal Flow Pump (CFP) (2018-2027) ($MN)
141 Middle East & Africa Heart Pumps Market Outlook, By Mixed Flow Pump (MFP) (2018-2027) ($MN)
142 Middle East & Africa Heart Pumps Market Outlook, By Therapy (2018-2027) ($MN)
143 Middle East & Africa Heart Pumps Market Outlook, By Bridge-To-Candidacy (BTC) (2018-2027) ($MN)
144 Middle East & Africa Heart Pumps Market Outlook, By Bridge-To-Transplant (BTT) (2018-2027) ($MN)
145 Middle East & Africa Heart Pumps Market Outlook, By Destination Therapy (DT) (2018-2027) ($MN)
146 Middle East & Africa Heart Pumps Market Outlook, By Product (2018-2027) ($MN)
147 Middle East & Africa Heart Pumps Market Outlook, By Intra Aortic Balloon Pumps (2018-2027) ($MN)
148 Middle East & Africa Heart Pumps Market Outlook, By Total Artificial Heart (2018-2027) ($MN)
149 Middle East & Africa Heart Pumps Market Outlook, By Ventricular Assist Devices (2018-2027) ($MN)
150 Middle East & Africa Heart Pumps Market Outlook, By Biventricular Assist Devices(BVAD) (2018-2027) ($MN)
151 Middle East & Africa Heart Pumps Market Outlook, By Left Ventricular Assist Devices(LVAD) (2018-2027) ($MN)
152 Middle East & Africa Heart Pumps Market Outlook, By Right Ventricular Assist Devices(RVAD) (2018-2027) ($MN)
153 Middle East & Africa Heart Pumps Market Outlook, By End User (2018-2027) ($MN)
154 Middle East & Africa Heart Pumps Market Outlook, By Ambulatory Surgical Centers (2018-2027) ($MN)
155 Middle East & Africa Heart Pumps Market Outlook, By Hospitals (2018-2027) ($MN)
156 Middle East & Africa Heart Pumps Market Outlook, By Speciality Clinics (2018-2027) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
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From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
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The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
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We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
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